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Virginia Administrative Code
Title 23. Taxation
Agency 10. Department of Taxation
Chapter 500. Business, Professional and Occupational License Tax Regulations
11/23/2024

23VAC10-500-390. Financial services; list of occupations.

A. Those engaged in rendering financial services include, but are not limited to, the following:

1. Buying installment receivables

2. Chattel mortgage financing

3. Consumer financing

4. Credit card services

5. Factors

6. Financing accounts receivable

7. Industrial loan companies

8. Installment financing

9. Inventory financing

10. Loan or mortgage brokers

11. Loan or mortgage companies

12. Safety deposit box companies

13. Security and commodity brokers and services

14. Stockbroker

15. Working capital financing.

B. Some localities may be grand fathered for purposes of the BPOL tax to apply a rate higher than that specified by state statute to stockbrokers.

Statutory Authority

§ 58.1-3701 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 24, Issue 23, eff. October 6, 2008.

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